ZeroHedge – Prepare For GDP Downgrades: Eurasian Snow Flashes Polar Vortex 2.0 Warning – 19 October 2014

Just when you thought it was safe to believe in escape velocity GDP growth for the US economy… the weather ruins the party. As Bloomberg reports, the snow in Siberia is piling up, and if it keeps coming, people in New York may have to bundle up this winter as theory suggests that the amount of snow covering Eurasia in October is an indication of how much icy air will sweep down from the Arctic in December and January, pouring over parts of North America. “It’s still early in the game,” says one forecaster, but warns “the snow has gotten off to an incredible start.” Polar Vortex 2.0 here we come… and down goes US GDP…

Read the full story at: www.zerohedge.com / link to original article

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ZeroHedge – Prepare For GDP Downgrades: Eurasian Snow Flashes Polar Vortex 2.0 Warning – 19 October 2014

Just when you thought it was safe to believe in escape velocity GDP growth for the US economy… the weather ruins the party. As Bloomberg reports, the snow in Siberia is piling up, and if it keeps coming, people in New York may have to bundle up this winter as theory suggests that the amount of snow covering Eurasia in October is an indication of how much icy air will sweep down from the Arctic in December and January, pouring over parts of North America. “It’s still early in the game,” says one forecaster, but warns “the snow has gotten off to an incredible start.” Polar Vortex 2.0 here we come… and down goes US GDP…

Read the full story at: www.zerohedge.com / link to original article